While it's possible that Taylor received no, poor, or unethical legal advice and representation, this is not likely all things considered. Though in that event, any masters created up to that point would've likely have stayed under Big Machine's ownership regardless. Finally, if she did not get the label deal approved by a Tennessee judge or court, she would have ability under the law to terminate the Big Machine contract either prior to or not long after she turned 18 if she thought it was unfair or simply wanted out. This would ensure that the contract and its terms was understood by Taylor and was fair and reasonable to her since she was a minor, but would otherwise prevent Taylor from getting out of the contract prior to or after she turned 18. In addition, given both Scott Borchetta and Taylor's sophistication and intelligence, Taylor likely had the contract reviewed and approved by a Tennessee judge. Taylor's parents, and Taylor herself (even at a young age) were, based on all reports, incredibly intelligent and sophisticated business people who surely hired or knew they should hire a qualified entertainment attorney. “And hey, one of them is even ten minutes long.First, Taylor likely had her own entertainment attorney who advised and represented her in negotiations of the record deal. We first alerted all of the shareholders on Thursday, June 20th for an official shareholder’s call scheduled for Tuesday, June 25th. Taylor’s dad, Scott Swift, was a shareholder in Big Machine Records, LLC. “This will be the first time you hear all 30 songs that were meant to go on Red,” Swift told fans of the upcoming second entry in her re-recorded canon when announcing it earlier this month. In regard to a post earlier today from Taylor, it’s time to set some things straight. The first, Fearless (Taylor’s Version), arrived back in April and became the first re-recorded album in Billboard chart history to hit No. This November, Swift will unveil Red (Taylor’s Version), the second entry in her series of re-recorded albums. In a quickly released statement, Swift announced she was in the process of re-recording her early catalog. Then, last November, it was reported that Braun had sold the master rights for more than $300 million. He knew what he was doing they both did.” “Any time Scott Borchetta has heard the words ‘Scooter Braun’ escape my lips, it was when I was either crying or trying not to. “Never in my worst nightmares did I imagine the buyer would be Scooter,” she said. Swift said back in 2019 that she had learned about Braun’s purchase of the masters “as it was announced to the world,” adding that she received “incessant, manipulative bullying” at Braun’s hands for years. The one thing I’m proudest of in that moment was that my artists and team stood by me.”īraun also gave his thoughts on whether this era of his career has resulted in “misconceptions” about him, resulting in a chess analogy. “I always try to lead with appreciation and understanding. “I’m firmly against anyone ever being bullied,” Scooter said. He also said he and Swift only met “briefly three or four times” in person, noting that he considers her to be “an incredibly talented artist” for whom he wishes “nothing but the best.”Ĭontinuing, Braun was asked about this facet of business feeling “personal in tone,” at which point the Ithaca founder-whose management roster includes Justin Bieber, Ariana Grande, and more-took issue with being described as a bully by Swift and fans. It all seems very unfortunate.”īraun added that, in his opinion, “open communication” can lead to understanding. I offered to sell her the catalog back and went under NDA, but her team refused. I asked for her to sit down with me several times, but she refused. … All of what happened has been very confusing and not based on anything factual,” he said. “I regret and it makes me sad that Taylor had that reaction to the deal. In a new interview with Variety’s Shirley Halperin, Braun looked back on the deal, more specifically Swift’s reaction to it. I had to make the excruciating choice to leave behind my past.” I walked away because I knew once I signed that contract, Scott Borchetta would sell the label, thereby selling me and my future. “Instead I was given an opportunity to sign back up to Big Machine Records and ‘earn’ one album back at a time, one for every new one I turned in. “For years I asked, pleaded for a chance to own my work,” Swift said in a Tumblr post at the time. In the summer of 2019, Braun’s Ithaca Holdings acquired Big Machine Label Group, marking a deal that also included the masters to Taylor Swift’s first six albums. Scooter Braun reflected on the fallout from the infamous Big Machine Label Group deal in a new interview, claiming it makes him “sad.”
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